🌟🌟🌟Michael Saylor & the crypto bulls have definitely won the immediate dead cat jump battle, using $Strategy(MSTR)$ parabolic 16.39% Friday surge to completely flatten the bears.

The reality is Strategy is currently trading at a Price to Sales ratio of 107.14x.  Investors are paying a huge premium over the Net Asset Value of the underlying Bitcoin stack.

MSTR's price history is littered with extreme peak to trough corrections.  Michael Saylor's strategy is heavily dependent on continuous equity dilution & extreme crypto price fluctuations.  This makes it a highly speculative vehicle that regular investors should approach with caution.

I believe it is far better to buy $iShares Bitcoin Trust(IBIT)$ as it is safer than chasing MSTR at a premium.  iBIT offers me clean liquidity, zero corporate debt considerations and is managed by BlackRock, the largest asset manager on Earth.

@Tiger_comments @TigerStars @Tiger_SG

# The boss asked me to issue coins

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment(7οΌ‰

  • Top
  • Latest
  • Meowvin
    Β·09-22 18:23
    TOP
    Thank you again for sharing insights
    Reply
    Report
    Fold Replies
    • koolgal:Β 
      Best of luck πŸ€πŸ€πŸ€
      09-22 18:45
      Reply
      Report
    • koolgal:Β 
      May you have a winning week πŸŒˆπŸŒˆπŸŒˆπŸ’°πŸ’°πŸ’°
      09-22 18:45
      Reply
      Report
    • koolgal:Β 
      Happy Trading πŸŒˆπŸŒˆπŸŒˆπŸ’°πŸ’°πŸ’°
      09-22 18:45
      Reply
      Report
    View more 2 comments
  • ZhongRenChun
    Β·09-22 21:26
    Reply
    Report